What is the global gambling industry?

How big is the gambling industry globally?

The global online gambling market size was estimated at USD 53.7 billion in 2019 and is expected to reach USD 59.6 billion in 2020.

Report Attribute Details
Market size value in 2020 USD 59.6 billion
Revenue forecast in 2027 USD 127.3 billion
Growth Rate CAGR of 11.5% from 2020 to 2027

How much is the global gambling industry worth?

Amid the COVID-19 crisis, the global market for Gambling estimated at US$711.4 Billion in year 2020, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3.6% over the analysis period.

What is the global casino industry?

The Global Casinos and Online Gambling industry consists of gambling facilities that offer table wagering games and other gambling activities, such as slot machines. These establishments often provide food, beverage and lodging services. The industry also includes legal online gaming on casino-type games.

What is the biggest gambling company in the world?

Largest gambling companies by market cap

# Name C.
1 Evolution Gaming 1EVO.ST
2 Las Vegas Sands 2LVS
3 Flutter Entertainment 3PPBA.F
4 DraftKings 4DKNG
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How big is the gambling industry in the US?

In 2019, gambling revenue hit a record of $43.6 billion but as the industry rolls towards a faster recovery than previously expected, 2021 is on track to surpass $44 billion in gambling revenue and become the highest-grossing year in the history of legal gambling. Year to date, states have collected nearly $25 billion.

What percentage of the population has a gambling problem?

Approximately 1 percent of the adult population in the United States has a severe gambling problem. The most recent research estimates that 6 to 9 percent of young people and young adults experience problems related to gambling — a higher rate than among adults.

How much is the online gambling industry?

The global online gambling market is expected to grow from $64.13 billion in 2020 to $72.02 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%.

How much money is spent on gambling each year in the world?

Guess how much money people around the world spend on gambling every year: One hundred million dollars.

What is a gambling addict?

Compulsive gambling, also called gambling disorder, is the uncontrollable urge to keep gambling despite the toll it takes on your life. Gambling means that you’re willing to risk something you value in the hope of getting something of even greater value.